SVB madness | Credit Suisse shocker | What should investors be doing?
This week we take an in depth look at a chaotic week on global markets, from the collapse of Silicon Valley Bank to the wave of panic set off by Credit Suisse.
Stay updated with breaking news from Sun Cable. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This week we take an in depth look at a chaotic week on global markets, from the collapse of Silicon Valley Bank to the wave of panic set off by Credit Suisse.
Two billionaires have submitted bids to buy Sun Cable, the solar energy project that stalled due to a dispute over funding.
Andrew Forrest’s Squadron Energy has bought out most creditors of the $35 billion Sun Cable megaproject.
The sale of renewable energy developer Sun Cable, which is aiming to deliver the world’s biggest intercontinental solar and storage project in northern Australia, has received initial takeover offers from multiple investors, including prospective buyers that aren’t existing shareholders in the project.
The sale of the Sun Cable project has drawn strong interest after it was forced into administration due to a falling out between Andrew “Twiggy” Forrest and Mike Cannon-Brookes.